International aluminium producer Alcoa has joined a number of companies fined for workplace deaths this year, today receiving a $68,000 fine for a fatality at its Wagerup refinery five years ago.
Tugboat operator Teekay Shipping and the world's fourth largest iron ore miner Fortescue Metals Group have condemned the decision of 56 tugboat workers to bring Port Hedland to a halt for four hours next Wednesday .
Buxton Resources has appointed former Fortescue Metals Group exploration and evaluation director Eamon Hannon as its new chief executive officer, as Anthony Maslin steps down as managing director.
Perth engineering firm Clough is targeting small-scale liquefied natural gas (LNG) projects as a new growth area, after signing a ‘teaming' agreement with global company GE Oil & Gas.
Fortescue Metals Group has extended its partnership with hockey world champions the Kookaburras for another two years, providing support in the build-up to the 2016 Olympic Games in Rio de Janeiro.
Fortescue Metals Group chief executive Nev Power has criticised what he calls "last man standing" expansion strategies by the major iron ore producers in the Pilbara while defending FMG's own expansion strategy.
The Business News annual export review has the latest data on 33 businesses representing $122 billion in outgoing trade. It also shows that while iron ore continues to dominate, the emergence of LNG, agriculture and services will benefit from a lower dollar.
If Western Australia's small iron ore miners thought all the bad news about falling prices was in the open, they got a shock this week when the two biggest producers, BHP Billiton and Rio Tinto, launched a war of words, complete with threats of fresh expansion programs.
The appointment of investment banker Michael Ashforth as manager of the Bennett family's $1.5 billion fortune highlights the maturing of Western Australia's private wealth market.
Mines and Petroleum Minister Bill Marmion has announced that Western Australia will play a key role in settling global safety standards for emerging remote controlled mining machinery.
A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group's North Star magnetite project in the Pilbara..
Chrysalis Resources has entered into a deal to grant Fortescue Metals Group exclusive exploration access and an option to buy the Chrysalis West Angelas Project Tenements.
FEATURE: A stubbornly high dollar, falling prices and high operating costs are combining to exert real pressure on smaller players in the iron ore sector.
FEATURE: Industrial uncertainty and an urgent need for more infrastructure are putting the squeeze on iron ore exports through Port Hedland, while productivity increases and transshipment options are also being mulled over statewide.
FEATURE: Mining sector players are creating innovative solutions – particularly in the iron ore, uranium, and base metals areas, and the graduate labour market – to deal with the changing economic environment.
Pilbara iron ore miner BC Iron has flagged lower production and haulage rates from its Nullagine joint venture operation with Fortescue Metals Group while initiatives are put in place to more efficiently process iron ore from the site.
Iron ore prices may have softened significantly from about $US130 a tonne during the past year, but that has not stopped local miners ramping up exports.
Mid-tier iron ore miner Mineral Resources has increased its full-year net profit by 28 per cent to $231 million, with the help of a 93 per cent increase in iron ore export volumes.
Fortescue Metals Group has awarded Perth-based Intellect Systems, a subsidiary of Resource Development Group, a control and engineering services contract for the first stage of its North Star magnetite project in the Pilbara.
FEATURE: Biotech and IT companies are enjoying renewed investor interest, but these innovative businesses are facing a changing capital raising market featuring less government support and, in Perth, a drastic shift in the venture capital sector.
Education Minister Peter Collier has embarked on a bold strategy aimed at reallocating his $4.6 billion budget among the state's 700 secondary and primary schools. It is a move fraught with political risk.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
The Abbott government has published the long-awaited Forrest Review of Indigenous jobs and training, with wide ranging recommendations including a healthy welfare card.
The private developer of a 150 megawatt power station with contracts to Fortescue Metals Group has announced the all inclusive cost of the project will be $570 million.
FEATURE: Perth is in the middle of its biggest wave of office construction in decades, but a sustained burst of new supply means future prospects for commercial developers are increasingly bleak.
